Apparels

Policy support can boost S African RMG retailers’ local sourcing: LSF

With sound industrial development and policy support, an extra 81 million garments could be sourced by South African retailers every year from domestic manufacturers by 2030, a study said.
This could raise domestic sourcing by 20 per cent, add $502.36 million in annual manufacturing output and create up to 34,000 jobs.
However, it is significantly below the 65-per cent domestic sourcing target by 2030.

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India’s Nandan Denim’s Q3 FY26 revenue falls to $55.11 mn

Nandan Denim has reported revenue of ₹49,952.72 lakh (~$55.11 million) in Q3 FY26, sharply lower year on year, with net profit at ₹297.29 lakh.
PBT fell to ₹409.91 lakh amid softer income, though finance costs declined.
For nine months, revenue stood at ₹2,33,189.43 lakh, while net profit edged up to ₹2,361.89 lakh.
EPS for the period remained ₹0.16 (not annualised).

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Japan’s ASICS posts record profit as FY25 operating margin hits 17.6%

ASICS has posted record FY25 results, with net sales up 19.5 per cent to ¥810.9 billion (~$5.29 billion) and operating profit rising 42.4 per cent to ¥142.5 billion (~$930 million), lifting margin to 17.6 per cent.
SportStyle and Onitsuka Tiger each topped ¥100 billion (~$653 million), while Europe and Japan drove regional gains.
Cash fell on buybacks and debt repayment.

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Volatility in gold prices hasn’t deterred buyers, price corrections seen as opportunities: Titan MD

Indian gold buyers are now treating price dips as buying opportunities, mirroring equity investors, according to Titan Company MD Ajoy Chawla. This shift from fence-sitting to active participation, driven by past experiences and FOMO, has bolstered demand, benefiting Titan’s jewellery division despite ongoing price volatility.

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UK clothing exports fall 9.17% in 2025

UK’s clothing exports declined 9.17 per cent to £3,013 million in 2025, reflecting weak European demand, post-Brexit trade adjustments and cost pressures.
Textile fabric exports fell 3.51 per cent, while fibre shipments dropped sharply.
December and quarterly data showed MoM volatility, though Q4 exports improved sequentially.
The broader trend signals continued softness in finished apparel exports.

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Climate risks could impact fashion industry by 34% in 2030: Aii

An Aii report warns climate risks could cut fashion companies’ margins by 34 per cent by 2030 and 67 per cent by 2040.
The Cost of Inaction quantifies financial losses from rising carbon prices and energy and raw material costs, urging early supplier decarbonisation.
It calls for collaborative investment and CFO-led action to protect profitability and long-term competitiveness.

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Ghana plans 3 big RMG units in Central, Bono East, Eastern Regions

Ghana is mulling over expanding support to garment and textile manufacturing this year as part of its efforts to deepen employment generation in the private sector and extending export-oriented industries beyond traditional goods.
It is planning to set up three big garment factories in the Central, Bono East and Eastern Regions in collaboration with the private sector, and these will employ 27,000.

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Bangladesh-US trade pact: Gains with strings?

As part of the Bangladesh-US Reciprocal Trade Deal signed on February 9, the US tariff on Bangladeshi exports will be reduced to 19 per cent.
The RMG sector is set to gain zero-tariff entry for apparel made with US cotton and MMF, boosting supply chain links.
BGMEA welcomes the deal.
Pact deepens ties but reportedly includes clauses on “non-market” deals.
Government says exit option exists.

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Cambodia’s RMG-footwear-travel goods exports rise 12.8% in Jan

Cambodia’s garments, footwear and travel goods sector earned $1.49 billion from exports in January—a 12.8-per cent YoY rise.
The sector accounted for 51 per cent of the total monthly exports.
Knitted apparel contributed over $640 million (5.7-per cent YoY growth), followed by non-knitted garments at $410 million (8.3-per cent YoY growth).
Footwear exports reached $196 million—a 16.9-per cent YoY growth.

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